OANDA:XAUUSD surged, moving towards the next key resistance zone at 2400. It was another all-time high. On the daily timeframe, the market broke above the previous resistance zone, which became a support level. I think the perfect scenario would be pullbacks to a broken level, followed by a continuation of moving upside. Overall, I expect some pullback because it does not make sense to buy at the 2400 key level. If the market rolls back to the support level or previous high and then rejects, then we can look for buying confirmation. My goal is the resistance zone around 2420.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻